How blockchain’s unicorns see the future of NFTs and games

How hot are nonfungible tokens (NFTs), a blockchain tech that makes it possible to sell one-of-a-kind collectibles in games? Well, our four panelists (three of them unicorns) on NFTs and games at GamesBeat Summit Next have raised a collective $606 million in the past few months at a total valuation of more than $6.5 billion.

James Zhang, CEO of Concept Art House, moderated our session on “The Future of NFTs and Games.” His company recently raised $25 million on the promise of doing crypto art for both games and collectible art. John Linden, CEO of Mythical Games, raised $75 million four months ago and raised another $150 million at a $1.25 billion valuation in a round last week led by Andreessen Horowitz. Yat Siu, chairman of Animoca Brands, raised money three times this year totaling $203.8 million at a $2.2 billion valuation. And Jeff Zirlin, cofounder of Sky Mavis, recently announced the company raised $153 million at a $3 billion valuation.